Bank of Baku ends H1 on loss

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# 10:29
31 July 2017

Bank of Baku OJSC’s loss in the first half amounted to AZN 26.041 million.

 

Bank says the loss made up AZN 14.397 million in the second quarter.

 

Assets declined 19.14% to AZN 474.885 million, loan portfolio slipped 35.85% to AZN 209.828 million, deposit portfolio dropped 0.54% to AZN 304.435 million, liabilities decreased 18.10% to AZN 428.030 million.  

 

Authorized capital remained unchanged at AZN 52.870 million, capital adequacy ratio at 12.68%.


 

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THE OPERATION IS BEING PERFORMED